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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Energy Oil & Gas E&P
Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a known strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Newport Exploration Ltd
Bullboard Posts
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(59)
•••
Comment by blackgold14on May 25, 2014 1:17pm
136 Views
Post# 22596381

RE:RE:RE:added capacity should triple production/royalty to $45M /yr

RE:RE:RE:added capacity should triple production/royalty to $45M /yr
Fumperbun. Good research. Thanks. A lousy $7.5million and they got 14.5 million barrels. WOWOWOWOWO. Incredible return on investment. Gives me more confidence we'll see production/royalty triple within 2 years.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities